February 8, 2025
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Insurance

Insurance

Custodian names Johnson chairperson

Ihesiulo Grace 0
Custodian and Allied Group has announced the appointment of Dr. Omobola Johnson as the new chairperson of the board of the company, following the resignation of the pioneer Board Chairman of the group, Chief Michael Ade Ojo. Ojo has steered the leadership of the Insurance Group to enviable heights from inception. Also, the company has […]
Insurance

Insurance firms will not retrench – Wiggle

Ihesiulo Grace 0
The Nigeria Insurers Association has assured that it 58 insurance companies in the country will not retrench any of their staffs in a bid to cope with the current financial crisis affecting all sectors of the nation’s economy of which insurance industry is part of. Mr. Godwin Wiggle, outgoing Chairman of the Nigeria Insurers Association […]
Insurance

Uganda to host 2017 AIO Conference

Ihesiulo Grace 0
Uganda will host the 44th annual African Insurance Organization (AIO) and General Assembly in May 2017, Kaddunabi Lubega the Insurance Regulatory Authority (IRA) has revealed. AIO has 326 members: 315 of them from 45 countries in Africa and 11 are associate members from 7 overseas countries. Africa accounts for a paltry 1.4% of the total world insurance premiums due […]
Insurance

IGI relocates head office in Lagos

Ihesiulo Grace 0
Industrial And General Insurance Plc (IGI) has moved its corporate head office on Victoria Island, Lagos to a new location also on the highbrow island, in continuation of the restructuring process launched by the management to reposition the company for greater efficiency. IGI Plc, which began operations as a composite insurer in 1992 with its headquarters at
Insurance

Union of Pensioners begs FG for bailout

Ihesiulo Grace 0
The Nigerian Union of Pensioners (NUP) has called on the Federal Government to issue bailout for the settlement of pensioners, as done to workers whose states could not pay salaries. The Lagos State Chairman of NUP, Joseph Dele, who said this in Lagos, urged the governments to urgently look into the plights of pensioners, who he said are […]
Insurance

NAICOM to expand insurance distribution space

Ihesiulo Grace 0
Worried by effects of the limited channels of insurance distribution in the country, the National Insurance Commission (NAICOM), has initiated moves to create additional vehicles to convey insurance products to the public. Commissioner for Insurance, Mohammed Kari, disclosed this in Ilesha, Osun State, said the commission has identified limited channels of distribution as
Insurance

Lagos pays over N1b accrued Pension Rights

Ihesiulo Grace 0
The Lagos State government has issued Retirement Benefit Bond Certificates for a total sum of N1, 080 billion to 260 retirees from the Mainstream, Local Government, SUBEB, TEPO and Parastatals of Government, under the Contributory Pension Scheme for the Month of April, 2016. The fact that this Administration commenced and has been able to maintain […]
Insurance

GNI reiterates commitment to community development

Ihesiulo Grace 0
  As part of its Corporate Social Responsibility (CSR), Great Nigeria Insurance Plc, one of Nigeria’s foremost insurance and financial services provider, has donated educational learning kits to pupils of Wesley Schools 1 & 2 for the Hearing Impaired. Speaking during the official presentation of the educational materials to the school, the Executive Director,
Insurance

Goldlink Insurance to raise N8bn Capital by July

Ihesiulo Grace 0
As part of the growth strategy to resuscitate its company, Goldlink insurance Plc has announced plans to raise N8 billion capital in the next two months. Gbolahan Olutayo, Managing Director/CEO, who led the Interim Management Board (IMB) told investors while presenting its Facts behind the figures that with a profit forecast in 2017, 2018 and […]